Former LPL Broker Charles Caleb Fackrell Fired for Selling Away, Conversion of Customer Funds
Meyer Wilson is currently investigating former LPL broker Caleb Fackrell in connection with allegations of selling away and conversion of customer funds.
The investment fraud attorneys at Meyer Wilson are currently investigating claims involving Charles Caleb Fackrell (CRD# 5369665), formerly a broker with LPL Financial in Yadkinville, North Carolina. Fackrell was associated with LPL from June 2010 until December 2014.
In his signed letter of Acceptance, Waiver & Consent, Fackrell consented to FINRA's findings that he failed to provide the documents and information FINRA had requested of him in conjunction with their investigation. As a result, Fackrell was barred from associating with any FINRA member firm.
FINRA was investigating allegations that Fackrell converted customer funds and sold private securities offerings away from LPL without LPL's knowledge or approval. Fackrell's customers alleged unsuitability and poor performance of investments in their accounts as well. According to FINRA, Fackrell's conduct violated FINRA Rules 8210 and 2010.
If you invested with former LPL Financial broker Charles Caleb Fackrell and you lost money, we invite you to contact the investment fraud lawyers at Meyer Wilson. We are currently investigating these allegations concerning Fackrell and may be able to help you recover your losses caused by his alleged misconduct. Fill out our free case review form for more information.
To learn more about selling away, view the video below.